09:48 AM EST - Erdene Resource Development Corporation : Announced its intention to launch a normal course issuer bid, under which it may purchase up to an aggregate 4,900,000 common shares of the Company for cancellation, representing approximately 10% of the 49,386,538 public float of Common Shares as of June 17. 65,493,042 Common Shares were issued and outstanding as of June 17. Erdene Resource Development Corporation
